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The table gives information about the labour market in July 2017 in the economy of Sandy Island. Calculate for July 2017 Labour Market Data Number

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The table gives information about the labour market in July 2017 in the economy of Sandy Island. Calculate for July 2017 Labour Market Data Number a. The unemployment rate In July 2017 b. The employment rate Employed 10,000 And calculate for the end of August 2017 Unemployed 2,00 c. The number of people unemployed, the number employed, and the unemployment rate Not in labour force 5,000 >>> Answer to 1 decimal place During August 2017 Lost jobs and didn't look for new jobs 80 Quit jobs and retired 10 Unemployed who were hired 100 In July 2017: Left the labour force 30 The unemployment rate is 16.7 percent. Entered the labour force to look for work 40 The employment rate is 58.8 percent. At the end of August 2017 The number of people unemployed is.The table gives information reported by Statistics Canada for 2012. Item Millions What is the labour force participation rate? Employment 17.5 Unemployment 14 Not in the labour force 94 The labour force participation rate is percent. >>> Answer to 1 decimal place. 7

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